The Chicago Tribune just recently reported on how locals and out-of-towners alike are in a rush to snap up homes for rehab, resale or, increasingly, to convert them into rental properties. The article points out that the housing analytics firm CoreLogic recently cast a national spotlight on the Chicago area, identifying it as one of the more attractive markets for a foreclosure-to-rental investment strategy. One of our investors, Sergey Bitelman was interviewed and he spoke about why he partnered with MACK to “capture below-market prices.”

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